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TagsWhat are the legal requirements for forex trading with digital currencies in the US?
T KirtleyDec 16, 2021 · 3 years ago1 answersCan you provide a detailed explanation of the legal requirements for forex trading with digital currencies in the United States? What regulations and licenses are necessary to engage in this type of trading?
1 answers
- Forex trading with digital currencies in the US is subject to legal requirements that must be followed. The Commodity Futures Trading Commission (CFTC) regulates forex trading and requires brokers to be registered with them. Brokers must also comply with anti-money laundering (AML) and know your customer (KYC) regulations. It's important to stay informed about any changes in regulations and consult with legal professionals to ensure compliance with all necessary requirements.Dec 16, 2021 · 3 years ago
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